Sterlite Group Appoints Sumil Mathur as Group CFO to Lead Financial Strategy and Growth

Leadership Transition at Sterlite Group​

New Delhi, February 17: Sterlite Group on Tuesday announced the appointment of Sumil Mathur as its Group Chief Financial Officer, marking a significant leadership addition as the conglomerate sharpens its focus on financial discipline and long term value creation.

With close to three decades of experience in financial leadership, Mathur will spearhead the Group’s financial strategy, governance framework, and capital allocation priorities. He will also oversee risk management and drive financial transformation initiatives aimed at supporting sustainable growth across the Group’s diverse business portfolio.

Mandate to Strengthen Governance and Capital Framework​

In his new role, Mathur will be responsible for strengthening the Group’s capital structure and reinforcing governance standards while aligning financial systems with the company’s expansion strategy. The appointment comes at a time when Sterlite Group is scaling its platforms and reinforcing operational foundations to support its long term growth ambitions.

Pratik Agarwal, Managing Director of Sterlite Electric and Chairman of Resonia Limited and Serentica Renewables, welcomed the appointment, stating that Mathur’s expertise in financial leadership, governance, and managing complex transformations will be instrumental as the Group continues to expand its footprint.

Experience Across Infrastructure and Telecom Sectors​

Before joining Sterlite Group, Mathur served as Chief Financial Officer and Chief Operating Officer at EMAAR India Limited. During his tenure, he played a pivotal role in shaping and executing the company’s post demerger strategy.

Over the course of his career, he has held senior leadership positions at prominent organizations including HCL, Indus Towers, Airtel, and JCB. His experience spans infrastructure, real estate, telecommunications, and manufacturing, equipping him with cross sector expertise in managing large scale operations and financial restructuring.

The appointment signals Sterlite Group’s continued emphasis on strong financial governance and strategic capital management as it advances its long term growth roadmap.